- Overview This Assignment Is The First Of Two Assignments For The Competing Globally Module Both Assignments Are Individ 1 (95.78 KiB) Viewed 46 times
- Overview This Assignment Is The First Of Two Assignments For The Competing Globally Module Both Assignments Are Individ 2 (47.44 KiB) Viewed 46 times
Overview This assignment is the first of two assignments for the Competing Globally module. Both assignments are individually assessed. Assignment 2 builds on Assignment 1. For both assignments, you will be required to collate and organise business information, interpret its meaning and importance and then present your findings in a way that facilitates value- creating investment decision making. Scenario Kathmandu, a certified B Corp, was founded in 1987 in New Zealand and specialises in quality clothing and equipment for travel and adventure. Today, KMD Brands Limited, together with its subsidiaries, designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand and abroad (
https://www.kathmanduholdings.com/). The
company is headquartered in Christchurch and has been listed on the New Zealand Stock Exchange (using the ticker: KMD) since 2009. You work for a business consulting firm who have been invited by KMD Brands Limited to provide advice about the
company's business expansion. This is your first meeting with the KMD Brands Limited executive leadership team. They've expressed an interest to your boss about commissioning your consulting services. Before they sign the terms of your engagement, they wish to meet to see if you're up for the job. You're in the room with the executive team. You've shared your professional background and credentials as a University of Auckland Business School graduate. They're impressed. You have their attention. They say the following: "You've made it to this meeting with us. We know you're well qualified and suspect you've done your research on our
company. Before we sign you off as our lead consultant, we have one final
question: What is your understanding of our actions with respect to ESG matters? Please be quick. We have another meeting scheduled in five minutes and need to discuss a couple of things first."
It is a loaded
question. On the one hand you wish to express your desire to consult for them, demonstrate you know lots about their business vision and operations, and portray them in a positive light. On the other hand, you're aware that being perfect in all matters ESG related for any
company is near impossible. You also know you don't have a lot of time remaining. Your Tasks Your tasks for this assignment are as follows: 1. To familiarise yourself with the
company, use Capital IQ Pro and other online (and publicly available) resources, such as the
company's website and Sustainability Report. 2. Establish what the
company's practices are in terms of ESG and sustainability. 3. Film yourself answering the
question "What is your understanding of our actions with respect to ESG matters". When answering make sure you mention: a) One key strength of the
company's ESG practises/initiatives (an area where they are doing good), and b) One weakness of their ESG practices/initiative, and how they can improve it.